Want to automatically backtest and execute your trading strategies but don’t have coding skills? The Capitalise platform, complementary for ErisX Members, will enable you to automate your trading strategies in plain English! Visit our page and watch our video to learn more!

The Algo Machine - Order On Fill (OoF)

The Algo Machine (TAM)™ by ErisX enables users to automate their trading strategies without having to write code. Order-on-fill, our latest algorithmic order type, automatically generates a new order on the opposite side when a Member’s working order executes.

Sign up now to start using The Algo Machine to trade spot crypto.

Less Fees = More Bitcoin

ErisX has one of the lowest trading fee schedules in the industry. Buying bitcoin on exchanges that charge as much as 2% costs $20 in fees for every $1000 in bitcoin. ErisX charges 0.2%, meaning you pay only two dollars for the same trade, a ten times savings at ErisX. Less fees equals more bitcoin.

If you would like to compare fees, we invite you to use our fee calculator.

Block Trading

Is your crypto OTC workflow slow, cumbersome and different across each counterparty? Once onboarded, ErisX Members are able to submit pre-negotiated Block Trades confidently to Eris Exchange, which are immediately cleared and settled through Eris Clearing, removing the inconsistencies of OTC models and eliminating counterparty risk. We make it easy.

More info on Block Trades

Pegged Orders

Place pegged orders to dynamically track market movements. When executed, pegged orders can earn a real-time rebate.

Sign up now to start using The Algo Machine to trade spot crypto.

Bounded Futures

Tired of getting REKT? Ride BTC & ETH volatility while protecting your downside.

Check out the trade and payout examples for bounded here .

Get Paid To Rest

Do you consider yourself an active crypto trader? Working your orders on ErisX may help you decrease your trading costs. If you keep passive, competitive orders on the market, ErisX will reward you with real-time rebates for your contribution to price discovery.

To access and confidently trade cryptocurrencies on ErisX’s platform please Sign up.

Trading the Basis

Trading the basis is a well-known trading strategy requiring a spot and regulated futures market. Conveniently, ErisX has both on one, innovative platform.

Basis trading is a type of arbitrage that involves simultaneously taking offsetting positions in the spot and futures market of the same commodity to benefit from differences in pricing. The difference is called the basis. While we do not give investment advice, we would like to give an example of what we are describing; If a trader was able to buy Ether at a price of $395 and was then able to sell the equivalent amount of futures contracts at $398, they could lock in a price differential with a profitable $3 basis per contract. (It is also possible to lose money if a positive price differential cannot be locked in.)

Our spot market currently offers trading in Bitcoin, Bitcoin Cash, Ether and Litecoin. Our futures exchange currently offers physically delivered Bitcoin contracts and (the first U.S. based) Ether contracts. Members sell futures contracts and use their Bitcoin or Ether holdings as collateral. A benefit to physically delivered contracts is avoiding potential risk of slippage that could occur in cash settled products where the spot price moves after settlement but before delivery.

To access and confidently trade cryptocurrencies on ErisX’s platform please Sign up.

Physically Delivered Futures

ErisX’s physically delivered futures contracts reduce basis risk, a dislocation between spot and futures prices. Position holders receive the underlying commodity at expiration, and can leverage coins for collateral to enter into a short futures position. ErisX’s futures market and trading platform provides risk management and price discovery tools on cryptocurrency for miners, hedgers and investors that need it.

To access and confidently trade cryptocurrencies on ErisX’s platform please Sign up or Sign In.